Investment Analysts’ Recent Ratings Updates for Ballard Power Systems (BLDP)

Ballard Power Systems (NASDAQ: BLDP) has recently received a number of price target changes and ratings updates:

• 3/18/2025 – Ballard Power Systems had its price target lowered by analysts at Citigroup Inc. from $2.00 to $1.50. They now have a “neutral” rating on the stock.
• 3/14/2025 – Ballard Power Systems was given a new $1.25 price target on by analysts at UBS Group AG.
• 3/14/2025 – Ballard Power Systems had its price target lowered by analysts at BMO Capital Markets from $1.30 to $1.20. They now have an “underperform” rating on the stock.
• 3/14/2025 – Ballard Power Systems had its price target lowered by analysts at National Bankshares, Inc. from $2.60 to $2.00. They now have a “sector perform” rating on the stock.
• 3/14/2025 – Ballard Power Systems had its price target lowered by analysts at Roth Mkm from $1.75 to $1.25. They now have a “neutral” rating on the stock.
• 3/14/2025 – Ballard Power Systems had its price target lowered by analysts at Raymond James from $2.50 to $2.00. They now have a “market perform” rating on the stock.
• 3/14/2025 – Ballard Power Systems had its price target lowered by analysts at HSBC Holdings plc from $1.90 to $1.40. They now have a “hold” rating on the stock.
• 3/13/2025 – Ballard Power Systems was given a new $1.00 price target on by analysts at Wells Fargo & Company.

Ballard Power Systems Price Performance

BLDP stock opened at $1.12 on Wednesday. Ballard Power Systems Inc. has a 1 year low of $1.07 and a 1 year high of $3.38. The company has a debt-to-equity ratio of 0.03, a current ratio of 9.01 and a quick ratio of 8.19. The firm has a market capitalization of $335.37 million, a PE ratio of -1.02 and a beta of 1.75. The business has a 50 day simple moving average of $1.32 and a 200-day simple moving average of $1.51.

Institutional Trading of Ballard Power Systems

Several large investors have recently added to or reduced their stakes in BLDP. National Bank of Canada FI boosted its position in shares of Ballard Power Systems by 14.7% during the 4th quarter. National Bank of Canada FI now owns 72,342 shares of the technology company’s stock valued at $120,000 after acquiring an additional 9,287 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Ballard Power Systems by 35.9% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 40,798 shares of the technology company’s stock valued at $68,000 after purchasing an additional 10,767 shares during the last quarter. Itau Unibanco Holding S.A. grew its stake in shares of Ballard Power Systems by 44.1% in the 4th quarter. Itau Unibanco Holding S.A. now owns 49,511 shares of the technology company’s stock valued at $82,000 after buying an additional 15,160 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Ballard Power Systems in the 4th quarter valued at approximately $27,000. Finally, XTX Topco Ltd increased its holdings in shares of Ballard Power Systems by 29.0% during the 3rd quarter. XTX Topco Ltd now owns 88,212 shares of the technology company’s stock worth $159,000 after buying an additional 19,856 shares during the last quarter. 28.02% of the stock is currently owned by hedge funds and other institutional investors.

Ballard Power Systems Inc engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications.